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Rental car company Hertz Global Holdings prepares to order up to 175,000 General Motors electric vehicles during the next five years. This is the latest move toward zero-emission models. The
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The increase in Tesla Inc’s stock market value was beyond $1 trillion on Monday after the company landed its biggest-ever order from Hertz, a rental car company. The stock rallied
Hertz Corp has named former Ford Motor CEO Mark Fields as its interim CEO, the company said on Tuesday. Fields succeeded Alan Mulally as president and CEO of Ford in
Hertz Global Holdings, which in addition to its own rental car brand consists of the Dollar and Thrifty brands, stated on Friday it has reached an interim $650-million deal with
After the company missed a $400 million lease payment in early May, they had to file for bankruptcy protection. Hertz abandoned its plan to sell $500 million in common stock
As the coronavirus has taken a toll on a number of big businesses, including rental car company Hertz, the company is now selling a fleet of cars at a discount.
After Hertz and Advantage filed for bankruptcy protection in May, some costumers worried that might mean a shortage in rental vehicles this summer. But the opposite may be true as
Hertz, which started with a fleet of some Ford Model T’s a century ago and became one of the world’s largest auto rental companies, has filed for bankruptcy protection on
As Hertz Global Holdings Inc. makes attempts to stay out of bankruptcy, the company has canceled 90% of its new-car purchases for the 2020 model year, a move likely to
U.S. car rental company Hertz Global Holdings stated on Monday that it prepares to lay off 10,000 workers throughout its North America operations to cut costs amid the ongoing COVID-19
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